AUSTRALIA

Quadrant quits Canning

AFTER less than two years and two dusters Quadrant Energy has quit the Coastal Joint Venture that its predecessor company Apache Energy signed with Buru Energy and Mitsubishi in Western Australia's Canning Basin.

Haydn Black

Apache entered the JV in November 2013, a move that was interesting and out of character for the US oiler at the time, which had focused exclusively on offshore exploration in Australia. It was speculated...

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